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7509 Gordon Way

Indianapolis, IN 46237

3 bd 2 ba 1,440 sqft Built 1977 Lot 10,149 sqft single_family
Most recent sale
$238,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2023 Listed for rent $1,695 Zumper
Aug 4, 2023 Listed for rent $1,695 Rently
May 19, 2022 Listed for rent $1,595 Rently
May 10, 2022 Sold $238,000 Public Record
Apr 28, 2022 Sold $238,000 MIBOR
Apr 11, 2022 Listed $225,000 MLS #21848249
Nov 18, 2021 Sold $127,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $237,700 $22,000 $259,700 $5,305
2024 $205,200 $22,000 $227,200 $4,652
2023 $165,900 $22,000 $187,900 $3,864
2022 $129,100 $22,000 $151,100 $3,600
2021 $129,100 $22,000 $151,100 $1,612
2020 $123,300 $22,000 $145,300 $1,552
2019 $110,000 $15,200 $125,200 $1,348
2018 $98,400 $15,200 $113,600 $1,230
2017 $91,300 $15,200 $106,500 $1,157
2016 $91,300 $15,200 $106,500 $1,154
2015 $87,800 $15,200 $103,000 $1,030
2014 $82,100 $15,200 $97,300 $973
2013 $74,500 $15,200 $89,700 $795
2012 $83,200 $15,200 $98,400 $983
2011 $79,800 $17,800 $97,600 $975
2010 $79,800 $17,800 $97,600 $969
2008 $86,600 $17,800 $104,400 $1,101
2006 $83,600 $17,800 $101,400 $1,237

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,440 sqft
Lot size
10,149 sqft
ZIP code
46237
City
Indianapolis
Street
Gordon Way
Coordinates
39.65871, -86.04894

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,160
Gross rental yield
10.89%
Implied cap rate
7.08%
Trend-extrapolated value

Frequently asked questions

When did 7509 Gordon Way last sell?
7509 Gordon Way most recently sold on May 10, 2022 for $238,000.
What is the current tax assessment for 7509 Gordon Way?
The most recent total assessment for 7509 Gordon Way (year 2025) is $259,700 with $5,305 in property tax.
How does 7509 Gordon Way's assessment compare to its last sale price?
The current assessment is 9.1% above the last sale price of $238,000.
When was 7509 Gordon Way built?
7509 Gordon Way was built in 1977.
How does 7509 Gordon Way compare to others on Gordon Way?
We track 8 other properties on Gordon Way. Browse the list under "Other properties on Gordon Way" to compare beds, baths, and sale history.
What are the property facts for 7509 Gordon Way?
7509 Gordon Way is a 3 bed, 2 bath, 1,440 sqft, 10,149 sqft lot single_family.
Is 7509 Gordon Way a flip candidate?
Yes — 7509 Gordon Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7509 Gordon Way a tax-appeal candidate?
No — 7509 Gordon Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.9%
Implied 1-yr
-23.6%
2026 Q3
$200.7K
2026 Q4
$185.2K
ZIP 46237 — Median Price History + Forecast

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